Vivro Financial Services Private Limited, as Manager to the Offer, issued this corrigendum on October 06, 2026, to the Bombay Stock Exchange regarding the open offer for RR MetalMakers India Limited. The corrigendum amends the Public Announcement dated July 30, 2026, Detailed Public Statement dated August 6, 2026, and Draft Letter of Offer dated August 13, 2026.

Key Updates to the Open Offer:

1. Revision of Offer Price:

  • Pursuant to SEBI observations and discussions, it was noted that historical acquisitions of equity shares by Selling Shareholders in FY 2019-20 and FY 2021-22 at various prices had triggered an open offer obligation under SEBI (SAST) Regulations that was not complied with at that time.
  • To address these historical compliance matters, the revised offer price has been calculated using the highest historical acquisition price of ₹21.29 per share and adding compensatory interest at 10% per annum as per Regulation 18(11A) of SEBI (SAST) Regulations.
  • The compensatory interest has been calculated up to the expected date of payment to shareholders under the current open offer.
  • Consequently, the offer price has been enhanced from ₹23.85 to ₹36.83 per equity share, which includes compensatory interest of ₹12.98 per share.
  • The rationale and justification for this revised price will be included in the final Letter of Offer to be dispatched to shareholders.
  • All references to the offer price in previous documents should be construed accordingly.
  • There is no change to the underlying transaction that triggered the open offer obligation.

2. Increase in Offer Size:

  • Due to the upward revision in offer price, the maximum consideration payable by the acquirers has increased.
  • For the acquisition of up to 23,42,295 equity shares (representing 26.00% of equity share capital) at the revised price of ₹36.83 per share, the maximum consideration payable would be ₹8,62,66,724.85 (assuming full acceptance).
  • All references to offer size in previous documents should be construed accordingly.

3. Financial Arrangements:

  • Due to the upward revision in offer price and in accordance with SEBI (SAST) Regulations, the acquirers are in the process of increasing the value of the Escrow Account.
  • Additional cash will be deposited into the Escrow Account to cover the enhanced offer consideration.

Parties Involved:

Acquirers:

1. RB International Holdings Limited (Acquirer 1)

2. Suyog Yogesh Desai (Acquirer 2)

3. Nikita Suyog Desai (Acquirer 3)

Manager to the Offer:

  • Vivro Financial Services Private Limited

Registrar to the Offer:

  • Adroit Corporate Services Private Limited

Publication Details:

The corrigendum was published in the following newspapers on October 06, 2026:

  • Business Standard (English) - All Editions
  • Business Standard (Hindi) - All Editions
  • Navshakti (Marathi) - Mumbai Edition

Document Context:

This corrigendum should be read in conjunction with the original Public Announcement (July 30, 2026), Detailed Public Statement (August 6, 2026), and Draft Letter of Offer (August 13, 2026). All capitalized terms not defined in this corrigendum have the meanings assigned to them in the Draft Letter of Offer.